Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$133,252$133,252$215,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$82,658$0
Funding fee$0$0$0
Note rate2.870%2.870%7.240%
Blended rate3.720%5.741%7.480%
1st payment$639.17$639.17$1,471.42
2nd payment$0.00$619.93$0.00
Taxes / mo$116.25$116.25$116.25
Insurance / mo$150.00$150.00$150.00
MI / mo$109.19$109.19$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,014.61$1,634.55$1,780.85
Cash to close$106,648$23,990$23,990